Tomas Soucek’s stoppage-time volley condemned Burnley to a seventh-consecutive home defeat as Vincent Kompany’s struggling side conceded two in the space of five minutes to lose 2-1 to West Ham. For much of the second half it seemed as though Jay Rodriguez’s 49th-minute penalty was going to earn the Clarets a vital win and lift them off the bottom of the Premier League table. But an 87th-minute own goal from Dara O’Shea, under pressure from West Ham teenager Divin Mubama, levelled it before Soucek volleyed home a second in the first of seven minutes added on. It was cruel on Burnley, who had largely contained a West Ham side devoid of inspiration without the injured Jarrod Bowen and Michail Antonio, but just when their fans thought they could celebrate a first home league win since May, it all fell apart at the death. A side that broke records on their way to the Championship crown last term are now making too much unwanted history, with this loss seeing them match Newport’s 53-year-old record of starting a league campaign with seven home defeats. Burnley narrowly shaded a fairly dismal first half, but ended it frustrated after Luca Koleosho’s penalty appeals were waved away six minutes before the break. The teenager ran into the box and tumbled over the dangling leg of Vladimir Coufal but referee Sam Barratt, perfectly positioned, pointed for a goal-kick, deeming that Koleosho had run into the Czech defender, a view upheld by VAR Craig Pawson. Koleosho and Burnley would get their penalty just two minutes into the second half. The Italy youth international appeared to have hit a dead end as he faced four West Ham players but – as he tried to turn away – he was caught on the heel by Mohammed Kudus and this time Barratt pointed to the spot. Rodriguez had to hold his nerve through a VAR check but then fired his penalty under the dive of Alphonse Areola for his first goal of the season. West Ham were forced to wake from their slumbers as the game finally came to life. O’Shea blocked Soucek’s shot after a free-kick from deep, then Sander Berge got in the way of James Ward-Prowse’s shot following a long throw-in. Another set-piece came to Lucas Paqueta, but his powerful volley was still rising as it sailed over. Burnley had chances to score what would surely have been a decisive second. Zeki Amdouni won possession on the right and charged into the box, forcing Areola into a sharp save at his near post. Substitute Aaron Ramsey then went close to making an instant impact in the 73rd minute, springing forward down the right side and cutting in towards goal, only to send his shot over. West Ham fans had been singing the name of Mubama before he replaced the largely-anonymous Danny Ings just after the hour, and the 19-year-old helped as West Ham turned up the wick late on. Kurt Zouma blazed high and wide from Paqueta’s cross before substitute Said Benrahma failed to get enough bend on a curling shot, but the pressure was building. And it paid off when Kudus got to the byline and pulled the ball back towards Mubama, with the ball bouncing in off the unlucky O’Shea. Burnley were still reeling from that when West Ham won it at the death, as Soucek met another Kudus cross with a superb volley. Read More Burnley vs West Ham LIVE: Premier League result and reaction Declan Rice putting pressure of price tag behind him to pursue biggest prizes Declan Rice urges England to finish 2023 with a ‘bang’ in North Macedonia We’ve just thrown it away – Steve Cooper frustrated as Forest lose at West Ham Sean Dyche: Everton are starting to show belief on the road after latest win Newcastle show the value of a gameplan as Chelsea go back to square one

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Binace, the world’s largest cryptocurrency exchange, will pay over $4bn to US officials after admitting to unlicensed money transfers, sanctions violations, and willfully failing to institute anti-money laundering protections, federal officials announced on Tuesday. The oversights allowed trading with sanctioned nations like Iran, Cuba, and Syria, and failed to institute systems to report suspicious potential transactions with terror groups, according to the Treasury Department. “Binance was allowing illicit actors to transact freely, supporting activities from child sexual abuse to illegal narcotics to terrorism,” Treasury Secretary Janet Yellensaid on Tuesday. Changpeng Zhao, the founder of and CEO of Binance, is also stepping down, and will pay a $50m fine after pleading guilty to related charges. He could face up to 18 months in prison. “I made mistakes, and I must take responsibility,” the executive wrote on X. “This is best for our community, for Binance, and for myself.” Federal officials described a wide-ranging set of problems at the crypto exchange, which at times handled two-thirds of global crypto trades. “It willfully enabled hundreds of millions of dollars in transactions between American users and users subject to US sanctions,” US Attorney General Merrick Garland said in remarks on Tuesday. “And its platform accommodated criminals across the world who used Binance to move their stolen funds and other criminal proceeds. “Binance prioritized its profits over the safety of the American people.” The massive penalty, one of the largest in US financial regulation history, will also go towards resolving inquiries from the Commodity Futures Trading Commission, the Department of the Treasury’s Financial Crimes Enforcement Network (FinCen), and the Office of Foreign Assets Control. On multiple occasions, Binance leadership intentionally took steps that allowed dangerous and illegal transactions to take place, according to the Justice Department. Binance knew it served US customers, meaning it had to register with FinCen and implement anti-money laundering controls, but “chose not to comply,” per the DOJ. Rather than set up these protections, the company created a separate Binance.US platform in 2019, while seeking to encourage VIP customers to obscure their accounts and continue using the main exchange, officials said. “Binance executives, including Zhao, made a plan to contact VIP customers and help the VIP register a new account for an offshore entity and transfer holdings to that account,” the DoJ said in an announcement of the agreement on Tuesday. “Binance employees also called US VIPs to encourage them to provide information that suggested the customer was not located in the United States.” The company, knowing it had US customers, also failed to introduce controls that would stop them from making trades with sanctioned jurisdictions like Iran, resulting in over $898m in trades between US and Iran-based users between January 2019 and May 2022. At one point, according to the DoJ, Zhao told employees it was “better to ask for forgiveness than permission,” while in another instance, a compliance employee wrote in a message, “We need a banner ‘is washing drug money too hard these days - come to binance we got cake for you.’” In a statement on Tuesday, Binance acknowledge making “criminal violations.” “These resolutions acknowledge our company’s responsibility for historical, criminal compliance violations, and allow our company to turn the page on a challenging yet transformative chapter of learning and growth,” the company wrote. “With the compliance and governance enhancements enshrined in our commitments, we can begin to share our vision for Binance’s exciting future and the future of the crypto industry.” The company also emphasised that the resolutions don’t allege Binance misappropriated user funds or engaged in market manipulation. Richard Teng, the company’s former global head of regional markets, will take over as CEO, according to Binance. The massive agreement with federal regulators will also require Binance to accept the appointment of a government monitor to oversee the business and bar Zhao from involvement with the company until three years after the monitor is appointed, according to court records viewed by The New York Times. Notably, the Securities and Exchange Commission was not a part of the Binance agreement. The SEC sued Binance and Zhao in June, alleging that they used companies beneficially owned by Zhao to inflate trading prices and make money off customers, allegedly mixing customer funds with Binance money. “While we take the SEC’s allegations seriously, they should not be the subject of an SEC enforcement action, let alone on an emergency basis. We intend to defend our platform vigorously,” the company responded at the time in a statement. “And, to be clear: any allegations that user assets on the Binance.US platform have ever been at risk are simply wrong, and there is zero justification for the Staff’s action in light of the ample time the Staff has had to conduct their investigation,” the company added in the statement. The massive settlement comes just weeks after FTX founder Sam Bankman-Fried was found guilty in federal court of defrauding customers on his popular cryptocurrency exchange out of billions of dollars. Bankman-Fried’s defence team has vowed to fight the charges.

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CARLSBAD, Calif.--(BUSINESS WIRE)--Aug 10, 2023--

Jonathan Karl's new book revealed a tense interaction between Donald Trump and Kim Kardashian, centered on a 'quid pro quo'